Conserved Pomona Postal FCU Acquired by Neighbor & Va. CU Liquidated

CU SoCal picks up the credit union two months after the NCUA took control. The agency also liquidates Portsmouth Schools FCU.

By Jim DuPlessis & By Peter Strozniak | January 04, 2022 at 12:00 PM

Credit Union of Southern California on Saturday acquired a small, nearby credit union that the NCUA had conserved in November after its net worth fell into undercapitalized territory.

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Conserved Pomona Postal FCU Acquired by Neighbor & Va. CU Liquidated

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Jim DuPlessis

Peter Strozniak

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